Harbour Investments Inc. Sells 1,700 Shares of First Trust Natural Gas ETF (NYSEARCA:FCG)

Harbour Investments Inc. decreased its holdings in First Trust Natural Gas ETF (NYSEARCA:FCG) by 21.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,046 shares of the company’s stock after selling 1,700 shares during the period. Harbour Investments Inc.’s holdings in First Trust Natural Gas ETF were worth $149,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FCG. Moors & Cabot Inc. grew its position in First Trust Natural Gas ETF by 16.1% during the 4th quarter. Moors & Cabot Inc. now owns 12,635 shares of the company’s stock worth $311,000 after acquiring an additional 1,750 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of First Trust Natural Gas ETF by 21.7% during the fourth quarter. Daiwa Securities Group Inc. now owns 10,100 shares of the company’s stock valued at $249,000 after purchasing an additional 1,800 shares during the period. Raymond James Financial Inc. bought a new position in shares of First Trust Natural Gas ETF in the fourth quarter worth approximately $30,366,000. Proficio Capital Partners LLC purchased a new position in shares of First Trust Natural Gas ETF in the fourth quarter worth $599,000. Finally, Steward Partners Investment Advisory LLC raised its holdings in First Trust Natural Gas ETF by 327.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 26,093 shares of the company’s stock valued at $643,000 after buying an additional 19,995 shares during the last quarter.

First Trust Natural Gas ETF Stock Down 1.0 %

Shares of FCG opened at $24.73 on Friday. The stock has a market capitalization of $398.15 million, a P/E ratio of 9.38 and a beta of 1.75. First Trust Natural Gas ETF has a twelve month low of $22.20 and a twelve month high of $28.72. The firm has a fifty day simple moving average of $24.99 and a two-hundred day simple moving average of $24.71.

About First Trust Natural Gas ETF

First Trust ISE-Revere Natural Gas Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the ISE-REVERE Natural Gas Index (the Index). The Index is an equal-weighted index consisting of exchange-listed companies that derive a substantial portion of their revenues from the exploration and production of natural gas.